By Peter Wilson, NZPA Political Editor Wellington, Oct 17 NZPA - If Labour doesn't win the next election, it won't be for want of trying. And if enthusiastic optimism would do the job, they would romp in.
When I began to make more money I noticed something very interesting in my conditioned beliefs. It seems that over the years I had trained myself to spend everything I earned no matter what my income level.
I’m back at home now and I realise that I feel both emotionally and physically exhausted and a huge sense of relief. My emotional reaction is the hard part today. The doing of all the practical numbers stuff makes sense.
This morning I woke early and got out of bed to face the financial music. All week I have been moving between excitement and terror about this first meeting with Lisa and getting down to the detail. I was feeling a bit scared, embarrassed and nervous to be honest.
The retail funds management industry shrunk during the June quarter, though boutique fund managers did well, according to FundSource. The amount of retail funds under management fell 2.5 percent, or $503 million, to $19.674 billion.
The Government is understood to be considering axing the annual $40 fee subsidy it puts into KiwiSaver accounts to help pay for a better deal for low income workers.
The Government will introduce legislation this week that is likely to include a change to KiwiSaver policy to help low income workers -- costing an additional $700 million over five years.
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